Under common law,mortgagees who have the power to sell up a property have a duty to act in good faith.This means that they must:

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Mortgagees must not act fraudulently, which is a fundamental aspect of acting in good faith. However, they are not required to delay the sale for a better time or necessarily obtain the best price, as long as they act honestly and without fraud.

Under Common Law,mortgagees Who Have the Power to Sell Up